Rice Exchange

Rice Exchange Ricex Pte Ltd - Bringing the first ever digital Rice Exchange to the Global Rice Trading Community.
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Operating as usual

Holding a #tender on Rice Exchange has many advantages: it can be arranged quickly and will attract a wide range of supp...
18/02/2021
Rice Exchange launches tender feature

Holding a #tender on Rice Exchange has many advantages: it can be arranged quickly and will attract a wide range of suppliers. Added benefits include #qualitycontrol, #pricediscovery and an #immutable audit trail. Once the tender is complete buyers enjoy #visibility on cargo preparation via daily reports from our integrated inspection companies. Cotecna Inspection Intertek ISC

The Rice Exchange digital platform delivers supply chain #auditability, #traceability and #immutability via blockchain transactions so buyers and sellers can connect and transact in an environment of trust.
Register at www.ricex.io

https://medium.com/ricex/rice-exchange-launches-tender-feature-9be839ed0748

Rice Exchange has introduced new functionality that allows buyers of large volumes of rice — typically more than 20,000 tonnes — to…

We're delighted to welcome Thai Agriculture Organic to Rice Exchange digital platform. The company was established in 20...
12/02/2021

We're delighted to welcome Thai Agriculture Organic to Rice Exchange digital platform. The company was established in 2017 and is located in the northeast region of Thailand. It produces approximately 500 metric tons of #organic Thai jasmine #rice per year and similar amounts of organic brown rice. Mr Chamnan Sookerb, Managing Director, comments: "The Rice Exchange platform is a great tool for us to connect with buyers of specialist and organic rice."

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io
#ricetrading #thailand #riceimports #riceexports #worldrice #supplychainmanagement #dlt #frictionless

Rice Exchange has introduced new functionality that allows buyers of large volumes of rice — typically more than 20,000 ...
11/02/2021
Rice Exchange launches tender feature

Rice Exchange has introduced new functionality that allows buyers of large volumes of rice — typically more than 20,000 tonnes — to purchase via tender. The new feature allows buyers, purchasing consortia, big industrials and institutional buyers to procure their rice requirements using single or global origin tenders.

Rice Exchange COO and co-founder, Frank Gouverne, explains the benefits of the tender function: “It offers large buyers speed, agility and cost efficiencies. The open nature of the tender mechanism means that buyers achieve price discovery adding confidence to the tender process."

Industriales del Arroz de Costa Rica (Indarroz), which accounts for 70% of Costa Rica’s rice industry, will hold its next tender on the Rice Exchange digital platform.
Prospective bidders interested in the Indarroz tender and buyers wishing to initiate a tender should contact us for more information at [email protected]

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

Rice Exchange has introduced new functionality that allows buyers of large volumes of rice — typically more than 20,000 tonnes — to…

We're excited to be back at the annual Rice & Cotton conference this week. Stephen Edkins will be sharing a breakout ses...
09/02/2021

We're excited to be back at the annual Rice & Cotton conference this week. Stephen Edkins will be sharing a breakout session with Milo Hamilton and Jannette Sedan will be talking about changes in the Latin American #rice markets. Thanks for the invite John LaRose Jr. & Randy Krotz, and to the US Rice Producers Association for sponsoring the event. The virtual conferences will be available to the public free of charge as of 10 February.

Register now #supplychaintransformation
https://www.nctd.net/

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

Indarroz realizará su próxima licitación con Rice Exchange. Nos complace anunciar que el grupo Indarroz de Costa Rica (7...
04/02/2021

Indarroz realizará su próxima licitación con Rice Exchange. Nos complace anunciar que el grupo Indarroz de Costa Rica (70% de la industria arrocera de ese país) realizará su próxima #licitación en nuestra plataforma. Se llevará a cabo utilizando una nueva funcionalidad que permite a asociaciones de compradores y compradores industriales e institucionales abastecer sus necesidades y compras de arroz en todo el mundo.

Según Antonio Martinez Fonseca , Director Ejecutivo de Indarroz: “Nuestra industria arrocera tiene una excelente oportunidad para mejorar. Rice Exchange marca un cambio importante en la forma tradicional de hacer negocios de #arroz facilitando la gestión digital de nuestras compras en un solo lugar, todo en un entorno virtual. Los avisos del panel de alerta son excelentes.”

El director de operaciones y cofundador de Ricex, Frank Gouverne, explica los beneficios de la función: “Ofrece velocidad, agilidad y rentabilidad. La naturaleza transparente del mecanismo de licitación significa que los compradores obtienen el precio más adecuado y competitivo, agregando confianza al proceso." Para obtener más información escríbanos a: [email protected].

Indarroz Costa Rica to hold next tender on Rice Exchange. Indarroz, which accounts for 70% of Costa Rica’s rice industry...
03/02/2021

Indarroz Costa Rica to hold next tender on Rice Exchange. Indarroz, which accounts for 70% of Costa Rica’s rice industry, will hold its next #tender on the Rice Exchange #digital platform. The tender will be held using new functionality that allows buyers, a consortium of buyers, industrials & institutional buyers to purchase their #rice requirements from across the globe.

Antonio Martinez Fonseca, Executive Director of Indarroz, says “our rice industry has an excellent opportunity to improve the way to do business with the Rice Exchange platform which marks a break with the traditional manner of doing business with rice trades. In my opinion the platform will facilitate the digital management of our purchases in one place, all done in a virtual environment and I must add that the dashboard alerts are great.”

Rice Exchange COO & co-founder, Frank Gouverne, explains the benefits of the tender function: “it offers large buyers speed, agility and cost efficiencies. The transparent nature of the tender mechanism means that buyers achieve price discovery adding confidence to the tender process.” Prospective bidders interested in the tender should contact us for more information at [email protected].

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io
#ricetrading #costarica #riceimports #riceexports #worldrice #supplychainmanagement #dlt #frictionless

Iraq’s Ministry of Trade has announced a global tender for 30,000 MT of rice. This tender is outside of the US-Iraq Memo...
29/01/2021
Rice Market: Long Awaited Iraq Tender Arrives

Iraq’s Ministry of Trade has announced a global tender for 30,000 MT of rice. This tender is outside of the US-Iraq Memorandum of Understanding (MOU) and can be filled by any country. Companies have one week to submit bid documents to the Ministry.

The Rice Exchange digital platform delivers supply chain #auditability, #traceability and #immutability via blockchain transactions so buyers and sellers can connect and transact in an environment of trust.
Register at www.ricex.io

#ricetrading #iraq #us #riceimports #riceexports #worldrice #supplychainmanagement #dlt #frictionless

Iraq’s Ministry of Trade has announced a global tender for 30,000 MT of rice. This tender is outside of the US-Iraq Memorandum of Understanding (MOU) and can be filled by any

A tecnologia blockchain ajuda a financiar o pequeno agricultor, reduzir a burocracia do comércio exterior, evitar a prod...
29/01/2021
Blockchain já pode estar no alimento que você come

A tecnologia blockchain ajuda a financiar o pequeno agricultor, reduzir a burocracia do comércio exterior, evitar a produção em áreas protegidas e muito mais.

A Rice Exchange é um marketplace desenvolvido nessa tecnologia para a negociação internacional de #arroz, a comida mais vendida no mundo. A plataforma conecta produtores e compradores. Embora seja para agricultores de todos os tamanhos, serve ainda mais para a inclusão no comércio exterior daqueles de menor porte, que não têm estrutura que facilite as negociações, a burocracia e o transporte e lidam com vários intermediários.

Rodolpho Koch, que fica no Brasil e é responsável pelo atendimento global aos clientes, alegou que a Rice Exchange pode reduzir de semanas para horas a atual burocracia, que é baseada em papel e passa a ser digitalizada e registrada em blockchain para dar transparência e segurança dos dados. A plataforma está conectada com operadoras marítimas, como a Maersk, empresas de inspeção e seguradoras, para agilizar ainda mais o sistema.

Obrigado a Gabriel Rubinsteinn da "Future of Money" e a Claudia Mancini, fundadora e editora-chefe da Blocknews por este magnífico artigo na revista exame.

Para fazer parte da nossa plataforma clique aqui:
https://ricex.io/suscribe/?fbclid=IwAR3Q6-RZcIPLSA6N60e5tikadl06g03gS1AWTQT-Vw8Der6TiOdpkIPOVKs

https://exame.com/blog/claudia-mancini/blockchain-ja-pode-estar-no-alimento-que-voce-come/?fbclid=IwAR3YbznAYGEkyMiwvqo7kDovRREKRlgAA8MIPtXfnsmCZdhYzO0yi_PULRE

A tecnologia blockchain ajuda a financiar o pequeno agricultor, reduzir a burocracia do comércio exterior, evitar a produção em áreas protegidas e muito mais

We are delighted to welcome Shri Balaji Global INC, a leading #rice manufacturer & exporter based in Central India. It i...
29/01/2021

We are delighted to welcome Shri Balaji Global INC, a leading #rice manufacturer & exporter based in Central India. It is a two star export house recognised by the Government of India. Since its inception in 1968, Balaji has been a leading name when it comes to quality rice. The company is able to export top quality rice at the very best possible prices to any destination across the globe.

Managing Director, Mr Ankit Khandelwal comments: "Rice Exchange is proving to be a very efficient tool for our sales team providing legitimate business enquiries at our fingertips. We are glad to have connected with Frank Gouverne. We are optimistic to enter more markets and meet credible buyers in the near future. Our sincere wishes to the #Ricex Team."
Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

#ricetrading #india #riceimports #riceexports #worldrice #supplychainmanagement #dlt #frictionless

#Paraguay-based Eladia was established in 2008 by a group of investors with 25 years of experience in the #rice industry...
22/01/2021

#Paraguay-based Eladia was established in 2008 by a group of investors with 25 years of experience in the #rice industry. The company has production capacity of 65,000 tonnes. Approximately 95% of Eladia's rice production is exported.

Eladia CEO Mario Milano Bergallo comments: "The Rice Exchange platform is a viable and trustworthy way to do business in a global context and in the face of the challenges posed by the COVID-19 pandemic. The use of #smartcontracts brings #agility to the trading process giving advantages to all platform users."

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

#ricetrading #Paraguay #riceimports #riceexports #worldrice #supplychainmanagement

Frank Gouverne, COO et co-fondateur de Rice Exchange, a récemment partagé ses réflexions avec le Financial Times sur les...
21/01/2021
Rice Exchange – Rice Exchange

Frank Gouverne, COO et co-fondateur de Rice Exchange, a récemment partagé ses réflexions avec le Financial Times sur les pressions sur les prix sur les marchés mondiaux du riz:

«Les prix du riz, qui ont bondi après que les producteurs d’Asie du Sud-Est aient menacé de limiter les ventes à l’étranger au début de la pandémie, sont restés élevés en raison des goulots d’étranglement logistiques et des achats de la Chine. La congestion portuaire et le manque de conteneurs ont fait doubler les durées d'expédition dans certains cas, entraînant une nervosité sur le marché, a déclaré Frank Gouverne, COO de Rice Exchange, une plate-forme numérique pour le commerce du riz. «Les prix du fret ont doublé. Les gens attendent également trois à quatre mois pour leurs commandes, ce qui ajoute une pression supplémentaire sur le marché », a-t-il déclaré.»

Inscrivez-vous maintenant sur le lien ci-dessous et négociez des prix sur un marché mondial sécurisé du riz.

https://ricex.io/suscribe/?fbclid=IwAR3Mk0-tiArnQQy3rjPb_-nUWNSmIvzgew88_rPqR7yGzUZ3K9D1rVosE4E

Rice Exchange est la première plateforme numérique de négoce de riz. Faire entrer le négoce du riz dans le futur!

Rice Exchange Posted on November 2, 2020 (November 13, 2020) by Juan Clavijo Subscribe * indicates required Adresse Email * Prénom * Nom * Adresse de l’entreprise * Address Line 2 City State/Province/Region Postal / Zip Code Country Nom de l’Entreprise * Site Web Numero de telephone * Quantité...

The Financial Times interviews Rice Exchange COO, Frank Gouverne (https://on.ft.com/3940qPF), regarding the pressure tha...
20/01/2021
Rice Exchange – Rice Exchange

The Financial Times interviews Rice Exchange COO, Frank Gouverne (https://on.ft.com/3940qPF), regarding the pressure that food prices is having on #foodsecurity in many nations.

Rice Exchange is the first digital blockchain-based #rice #supplychain trading platform in the world, adding agility and transparency to this essential global commodity.
Stephen Edkins #blockchain #trading #agtech #foodtech #commoditytrading #commoditymarkets

Rice Exchange Posted on November 2, 2020 (November 13, 2020) by Juan Clavijo Subscribe * indicates required Adresse Email * Prénom * Nom * Adresse de l’entreprise * Address Line 2 City State/Province/Region Postal / Zip Code Country Nom de l’Entreprise * Site Web Numero de telephone * Quantité...

This week we're extending a warm welcome to Singapore-based SOI Global Pte Ltd which was incorporated in 2009 with the o...
14/01/2021

This week we're extending a warm welcome to Singapore-based SOI Global Pte Ltd which was incorporated in 2009 with the objective of bridging the gap between producers & consumers in the agricultural sector. The #rice team has been trading this commodity for over 20 years focusing on delivering non-basmati Indian rice to #Africa in bulk vessels.
In 2020, SOI and partner Quant executed more than 80,000 metric tonnes of #rice and the firm expects volumes to increase by 20% in 2021. SOI Global has a milling capacity of 1,200 metric tonnes per day located in Western India. Mohit Sharma, CEO comments "Counterparty performance #risk is the biggest bane in #rice trade. Rice Exchange by doing due diligence on the companies that are listed on its platform, has removed that to a great extent. We have met new buyers across many countries and with the integration of A.P. Moller-Maersk Group and surveyors, the platform is providing hassle-free post trade operations be it documentation or instructions. Rice Exchange would definitely be a one-of-its-kind platform as more and more reputed traders, producers, buyers and intermediaries join."

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

#ricetrading #singapore #riceimports #riceexports #worldrice #supplychainmanagement

We're excited to welcome Riviana Foods Inc. - USA to the Rice Exchange platform. For over a century, Riviana Foods has b...
07/01/2021

We're excited to welcome Riviana Foods Inc. - USA to the Rice Exchange platform. For over a century, Riviana Foods has been processing, marketing and distributing #rice and rice products throughout the United States and around the world. Cesar Vazquez Morenes, Export Manager at Riviana comments: “We are delighted to be on the Rice Exchange platform and to connect to buyers and sellers across the globe. The functionality of the Rice Exchange platform allows us to trade all the varieties of rice, helping us satisfy our customers’ needs.”

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

#ricetrading #USA #riceimports #riceexports #worldrice #supplychainmanagement

Co-Founder  Frank Gouverne is quoted in the Financial Times in a piece on the pressure that food prices is threatening #...
07/01/2021
Food price rally sparks warnings of pressure on developing countries

Co-Founder Frank Gouverne is quoted in the Financial Times in a piece on the pressure that food prices is threatening #foodsecurity in many nations. Our rice trading platform digitises the rice #supplychain adding agility and transparency to the trade of this important foodstuff.

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

https://on.ft.com/3940qPF

Large rise in agricultural commodities creates ‘recipe for unrest’ within fragile economies

Best wishes for a happy, healthy and prosperous 2021 from the team at Rice Exchange: Stephen Edkins, Frank Gouverne, Chr...
23/12/2020

Best wishes for a happy, healthy and prosperous 2021 from the team at Rice Exchange: Stephen Edkins, Frank Gouverne, Christian Schmitz, Graeme Kelly, Adolfo Böhmer, Mark Julien, Rue Swabey, Rodolpho Koch, Luismi Muriedas Calva, Jacobo Beltran, Fareed Tchatchibara, Rob Hulme, Monica Ochoa, Nick Lord and Jannette Sedan.

It is a pleasure to welcome Amana Commodities to the Rice Exchange platform. This Switzerland-based trading company spec...
21/12/2020

It is a pleasure to welcome Amana Commodities to the Rice Exchange platform. This Switzerland-based trading company specialises in #rice, sugar & other commodities. It serves customers across the world with a focus on #Africa. Customers appreciate Amana's experienced management team for it's trading capabilities & other services including advising on payment terms, shipping, execution & operations, inspection & sourcing. Nadia Essami, CEO, enjoys the confidence and loyalty of long-term customers for her professionalism and trustworthiness over the last 27 years. Nadia comments, "We believe that Rice Exchange is a crucial tool for the global rice trade. It brings security and efficiency to the rice market. The platform is well designed and is very user friendly. This is what the global rice community needed to bring the rice trade into the digital age."

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

#ricetrading #switzerland #riceexporters #riceimporters #tradingplatform #worldrice #commoditytrading #foodsecurity #frictionless #blockchain #transparency #riskmitigation #digital

We're delighted to have K.K. RICE MILLS (PVT.) LIMITED from Pakistan on the Rice Exchange platform. The company is led b...
16/12/2020

We're delighted to have K.K. RICE MILLS (PVT.) LIMITED from Pakistan on the Rice Exchange platform. The company is led by CEO Chela Ram whose commitment and entrepreneurial vision has resulted in high levels of customer feedback. Chela Ram comments: "We are really proud that Rice Exchange has taken a big step to take the rice industry forward. #Blockchain is the future of trading and Rice Exchange has done a fabulous job. We feel with this platform there will be more transparency and efficiency in trades and risks can be mitigated easily. The brilliant minds of Rice Exchange have provided all the solutions we need in the rice trade.”

Rice Exchange is the first digital blockchain-based #rice trading platform in the world. Taking rice trading into the future.
www.ricex.io

#ricetrading #Pakistan #riceexporters #riceimporters #tradingplatform #worldrice #commoditytrading #foodsecurity #frictionless #blockchain #transparency #riskmitigation

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Rice Exchange

The world's first digital rice trading platform designed by rice traders.


  • Each year 760 million tons of paddy rice are produced equivalent to 488 million tons of milled rice annually.

  • On average every human on earth consumes 54kg of milled rice per annum.

  • 48 million tons of milled rice are traded internationally each year, representing 5-fold growth over the last 30 years.
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